Trans Canada Gold Completes Second Tranche of the Non-Brokered Private Placement and Prepares for Drilling at the Harrison Lake Gold Project

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Trans Canada Gold Completes Second Tranche of the Non-Brokered Private Placement and Prepares for Drilling at the Harrison Lake Gold ProjectVANCOUVER, BC / ACCESS Newswire / May 8, 2026 / Trans Canada Gold Corp. (TSXV:TTG)(OTCQB:TTGXF) ("Trans Canada" or the "Company"), is pleased to announce that it has completed the second and final tranche of its previously announced (see news releases dated February 4, 2026, February 23, 2026, March 23, 2026 and April 2026) non-brokered private placement (the "Offering"), placing a total of 100,000 non-flow through units (the "Units") at a price of $0.15 per unit for gross proceeds of $15,000. In aggregate, in tranche 1 and 2 combined, the Company placed a total of 3,616,663 non-flow through units (the "Units") at a price of $0.15 per unit and 1,817,839 flow through units (the "FT Units") at a price of $0.18 per unit for gross proceeds of $869,711.Each Unit consists of one (1) common share and one (1) common share purchase warrant (an "NFT Warrant"). Each NFT Warrant is exercisable at a price of $0.30 per share for a period of three (3) years from the date of issuance. Each FT Unit consists of one (1) common share and one-half (1/2) of one common share purchase warrant (an "FT Warrant"). Each whole FT Warrant is exercisable at a price of $0.30 per share for a period of two (2) years from the date of issuance. Each flow-through share qualifies as a "flow-through share" for the purposes of the Income Tax Act (Canada).In connection with the closing of the first tranche of the Offering, the Company paid cash finder's fees in the aggregate amount of $43,843 and issued an aggregate of 272,070 finder's warrants to the following finders: Leede Financial Inc., Ventum Financial Corp., PB Markets Inc., Dave Bissoondatt, Emile Rock and EMD Financial Inc. Each finder's warrant is exercisable at a price of $0.30 per share for a period of three (3) years from the date of issuance. No finder's fees were paid in connection with the second tranche of the Offering. All securities issued under the first tranche of the Offering will be subject to a four month hold period expiring August 8, 2026 in accordance with applicable securities laws. All securities issued under the second tranche of the Offering will be subject to a four month hold period expiring September 8, 2026 in accordance with applicable securities laws.The Company intends t...

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